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India is now the world’s largest scrap importer — bringing in over $12.7B in the past year. But it’s not alone. India leads global scrap demand. Vietnam follows as steel production scales. Bangladesh continues expanding its mills. United Arab Emirates remains a regional trading hub. Mexico benefits from nearshoring and U.S. manufacturing demand. This isn’t a random spike. Rising construction activity. Active steel mills. Recycled raw materials replacing iron ore. When industrial output rises, sc
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